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Axon Enterprise (Axon Enterprise) E10 : $0.70 (As of Mar. 2024)


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What is Axon Enterprise E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Axon Enterprise's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Axon Enterprise's average E10 Growth Rate was 75.00% per year. During the past 3 years, the average E10 Growth Rate was 31.00% per year. During the past 5 years, the average E10 Growth Rate was 15.10% per year. During the past 10 years, the average E10 Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Axon Enterprise was 31.00% per year. The lowest was -11.40% per year. And the median was 14.90% per year.

As of today (2024-05-16), Axon Enterprise's current stock price is $293.95. Axon Enterprise's E10 for the quarter that ended in Mar. 2024 was $0.70. Axon Enterprise's Shiller PE Ratio of today is 419.93.

During the past 13 years, the highest Shiller PE Ratio of Axon Enterprise was 1925.90. The lowest was 85.20. And the median was 244.49.


Axon Enterprise E10 Historical Data

The historical data trend for Axon Enterprise's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axon Enterprise E10 Chart

Axon Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.24 0.16 0.34 0.54

Axon Enterprise Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.48 0.54 0.70

Competitive Comparison of Axon Enterprise's E10

For the Aerospace & Defense subindustry, Axon Enterprise's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axon Enterprise's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Shiller PE Ratio falls into.



Axon Enterprise E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Axon Enterprise's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.73/129.4194*129.4194
=1.730

Current CPI (Mar. 2024) = 129.4194.

Axon Enterprise Quarterly Data

per share eps CPI Adj_EPS
201406 0.070 100.560 0.090
201409 0.140 100.428 0.180
201412 0.090 99.070 0.118
201503 0.130 99.621 0.169
201506 0.110 100.684 0.141
201509 0.030 100.392 0.039
201512 0.090 99.792 0.117
201603 0.060 100.470 0.077
201606 0.070 101.688 0.089
201609 0.070 101.861 0.089
201612 0.120 101.863 0.152
201703 0.090 102.862 0.113
201706 0.040 103.349 0.050
201709 0.010 104.136 0.012
201712 -0.040 104.011 -0.050
201803 0.240 105.290 0.295
201806 0.150 106.317 0.183
201809 0.100 106.507 0.122
201812 0.030 105.998 0.037
201903 0.110 107.251 0.133
201906 0.010 108.070 0.012
201909 0.100 108.329 0.119
201912 -0.210 108.420 -0.251
202003 0.070 108.902 0.083
202006 -0.510 108.767 -0.607
202009 -0.010 109.815 -0.012
202012 0.400 109.897 0.471
202103 -0.750 111.754 -0.869
202106 -0.720 114.631 -0.813
202109 0.670 115.734 0.749
202112 -0.190 117.630 -0.209
202203 0.760 121.301 0.811
202206 0.710 125.017 0.735
202209 0.170 125.227 0.176
202212 0.400 125.222 0.413
202303 0.610 127.348 0.620
202306 0.160 128.729 0.161
202309 0.780 129.860 0.777
202312 0.750 129.419 0.750
202403 1.730 129.419 1.730

Add all the adjusted EPS together and divide 10 will get our e10.


Axon Enterprise  (NAS:AXON) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Axon Enterprise's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=293.95/0.7
=419.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Axon Enterprise was 1925.90. The lowest was 85.20. And the median was 244.49.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Axon Enterprise E10 Related Terms

Thank you for viewing the detailed overview of Axon Enterprise's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Axon Enterprise (Axon Enterprise) Business Description

Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Executives
Joshua Isner officer: EVP Global Sales 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey C Kunins officer: Chief Product Officer 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Brittany Bagley officer: CFO & CBO C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Hadi Partovi director 9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini director 1241 E MAIN ST, STAMFORD CT 06902-3520
Patrick W Smith director, officer: Chief Executive Officer 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Jeri Williams director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll director PO BOX 23, CRYSTAL BAY MN 55323
Caitlin Elizabeth Kalinowski director 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Luke Larson officer: Chief Marketing Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Matthew R Mcbrady director
James Zito officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255